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Google and AES Sign Agreements for Co-Located Generation and Data Center in Texas

LCG, February 24, 2026--The AES Corporation (AES) and Google today announced agreements for clean power generation that will be co-located with a new Google data center in Wilbarger County, Texas. The agreements include a 20-year Power Purchase Agreements (PPA) for co-located power generation. These coordinated energy projects and powered land will enable Google to rapidly expand its operations to meet demand for core services, while AES will expand its power generation portfolio.

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Amazon Announces Plans to Invest $12 Billion in Data Center Campuses in Louisiana

LCG, February 23, 2026--Amazon today announced plans to invest $12 billion to develop and construct state-of-the-art data center campuses in northwest Louisiana that will support cloud computing technologies. Amazon is partnering with STACK Infrastructure, the developer and owner of the campuses, to lead the construction and development of the data center facilities. Amazon has already invested in solar energy projects in Louisiana, bringing up to 200 MW of new carbon-free energy onto the grid.

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Industry News

PSEG's Bid for Cinergy Said to be Faltering

LCG, March 12, 2001--Public Service Enterprise Group Inc.'s discussions to acquire Cinergy Corp. for $5.6 billion in stock have broken down, the Wall Street Journal reported in its online edition today. The paper, so far, is the only source that there was a potential deal in the first place.

When the Wall Street reported the talks on Friday, it noted that among the sticking points could be the desire of Cinergy chief executive James Rogers to head up the combined company but said it was likely that James E. Ferland, PSEG's top man, would probably remain chief executive for at least five years.

The paper also pointed out that PSEG's offer would provide only a modest premium for holders of Cinergy stock. That premium seems to have been erased in subsequent trading on the New York Stock Exchange.

The Wall Street now says that movement in the stock prices seems to have brought a halt to the merger talks. Citing "people familiar with the situation," the paper said the companies may revive negotiations at any time.

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